The company on Monday had informed that its solar manufacturing arm TP Solar Limited crossed 4 GW of solar module production at its Tamil Nadu Facility.
The stock saw a considerable spike in its trading volumes on the BSE and NSE. On BSE, the spurt in volume was 3.88 times.
Tata Power Company had reported a 25% growth in its consolidated net profit at Rs 1,306 crore in Q4FY25 versus Rs 1,046 crore reported in the year-ago period. The revenue from operations in the March-ended quarter stood at Rs 17,096 crore, which was up 8% versus Rs 15,847 crore in the corresponding quarter of the last financial year.
For the full financial year, the net profit stood at Rs 4,775 crore, up 12% from Rs 4,280 crore in FY24, while the revenue stood at Rs 64,502 crore versus Rs 61,542 crore in the year-ago period. This translates into a 5% YoY jump.
The Earnings Before Interest, Taxes, Depreciation and Amortisation for FY25 stood at Rs 14,468 crore, up from Rs 12,701 crore in the year-ago period. The EBITDA for Q4FY25 was up 14% to Rs 3,829 crore versus Rs 3,358 crore in the year-ago period.Tata Power said that the company has crossed the milestone of Rs 5,000 crore PAT before exceptional items in FY25.The company also marked a major milestone of 1.5 lakh+ rooftop solar installations.
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